Encorp a finalist for American Business Award

WINDSOR, COLO., April 9, 2003 — Encorp’s Energy Management Center is a finalist in the Best New Product or Service category for the inaugural American Business Awards, hailed by the New York Post as “the business world’s own Oscars.”

Encorp develops and markets services, software and hardware technology solutions for the communication, control and networking of distributed energy.

The American Business Awards are the first national, all-encompassing business awards program honoring great performances in the workplace. Nicknamed the Stevies(tm) for the Greek word “crowned,” the awards will be presented at a nationally broadcast show April 30 at the Sheraton New York Hotel & Towers in New York City.

Charles Osgood, host of CBS News Sunday Morning and commentator for the CBS Radio Network, will host the ceremony. Business TalkRadio will broadcast the ceremony nationwide on radio and worldwide via the Internet.

“Encorp’s selection as a finalist for an American Business Award is another example of the outstanding, forward-thinking work of our staff,” said Dennis Orwig, Encorp CEO. “Encorp has become a leader in researching and manufacturing new technologies for the energy industry. The Energy Management Center is the latest innovative technology we’ve developed among our suite of 19 commercial services and products.”

Encorp’s Energy Management Center, introduced in December 2002, provides remote, yet comprehensive, monitoring, alarming and reporting for on-site power systems day and night. The result? Business executives can track day-to-day performance and long-term data trends, which means more value-based and successful decision making.

“While other remote-monitoring products on the market today only monitor on-site power systems and provide reports, Encorp’s Energy Management Center is much more comprehensive because it offers the maximum economic value for customers needing this type of service or product,” Orwig said.

The Energy Management Center can serve as a company’s watchful eye, ensuring all forms of distributed-energy assets, including gensets, microturbines and fuel cells run at peak economic performance and efficiency 24/7.

As a result, facilities’ operators experience fewer problems, better maintenance records, more streamlined operations and greater cost savings.

Companies of all sizes and in virtually every industry submitted nominations for consideration in more than 40 categories, including Best Overall Company, Best Executive, Best New Product or Service and Best Salesperson.

Members of the Awards’ Board of Distinguished Judges & Advisors and their staffs will select Stevie winners from among the finalists.

The Board includes business luminaries such as Rich Karlgaard, publisher of Forbes; Bruce Nelson, chairman & CEO of Office Depot; marketing gurus Don Peppers and Martha Rogers; Anthony Robbins, chairman & CEO of The Anthony Robbins Companies; Drew Schutte, publisher of Wired Magazine; Jeffrey Tarr, chairman & CEO of Hoover’s Inc.; and Donald Trump, chairman, president and CEO of The Trump Organization.

Finalists for the 2003 American Business Awards range from such large corporations as IBM Corp., XEROX and Oracle Corp, to smaller companies including Encorp, Connect PR and The Guild Group.

R. S. Owens, the same company that makes the Oscar and the Emmy, designed the elegant Stevie trophy.

“We began the American Business Awards last year when the public perception of companies and business people was at a low point,” said Stevie Awards President and Founder Michael Gallagher.

“Our goal was to create a showcase for the best of American business, where the people and companies who don’t get enough recognition for their good work can be singled out and celebrated. We are so pleased that so many companies, large and small, participated in our first year and look forward to honoring those who make American business the envy of the world.”

About Encorp

Encorp, (www.encorp.com ) headquartered in Windsor, Colo., offers a variety of services and products for the distributed-energy industry, including the Energy Management Center and such distributed-energy software as the Virtual Maintenance Monitor and Virtual Power Plant that allow local and remote communication with gensets and other distributed-energy assets.

The company also offers the well-known “Gold Box” or Generator Power Control?, digital paralleling switchgear and more.

Encorp was named the second fastest-growing technology company in Colorado and the 206th fast-growing technology company nationwide by Deloitte & Touche in 2002. The same year, Encorp also received the “Project of the Year” Award from Power Engineering Magazine for its work with a California independent power producer.

For more information on Encorp, visit www.encorp.com or call 1-888-295-4141.


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